Wang Tak doubles stake in PureCircle

Wang Tak has virtually doubled its stake in PureCircle, the high purity stevia products firm, earning it representation on the UK company's board.

Wang Tak has virtually doubled its stake in PureCircle, the high purity stevia products firm, earning it representation on the UK company's board.

PureCircle placed 10m new ordinary shares with Wang Tak at 200p each. That bumped up Wang Tak's stake in PureCircle to 11.7% from 6.0%. PureCircle will invite a representative of Wang Tak to be appointed a Non-Executive Director of the company.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.